BlueRiver Acquisition (NYSE:BLUA) Stock Price Down 0.1%

Shares of BlueRiver Acquisition Corp. (NYSE:BLUAGet Rating) traded down 0.1% during mid-day trading on Tuesday . The stock traded as low as $10.13 and last traded at $10.13. 33,617 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 413,558 shares. The stock had previously closed at $10.14.

BlueRiver Acquisition Stock Down 0.1 %

The firm’s fifty day moving average is $10.06 and its 200-day moving average is $9.96.

Hedge Funds Weigh In On BlueRiver Acquisition

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Kohlberg Kravis Roberts & Co. L.P. bought a new stake in BlueRiver Acquisition in the first quarter valued at $312,000. Centiva Capital LP increased its stake in BlueRiver Acquisition by 2.2% in the second quarter. Centiva Capital LP now owns 67,839 shares of the company’s stock valued at $667,000 after purchasing an additional 1,482 shares in the last quarter. Bank of Montreal Can increased its stake in BlueRiver Acquisition by 4.3% in the second quarter. Bank of Montreal Can now owns 243,310 shares of the company’s stock valued at $2,387,000 after purchasing an additional 10,000 shares in the last quarter. Saba Capital Management L.P. increased its stake in BlueRiver Acquisition by 164.9% in the first quarter. Saba Capital Management L.P. now owns 445,723 shares of the company’s stock valued at $4,368,000 after purchasing an additional 277,486 shares in the last quarter. Finally, Hsbc Holdings PLC increased its stake in BlueRiver Acquisition by 6.4% in the first quarter. Hsbc Holdings PLC now owns 447,139 shares of the company’s stock valued at $4,377,000 after purchasing an additional 26,871 shares in the last quarter. Institutional investors and hedge funds own 76.83% of the company’s stock.

About BlueRiver Acquisition

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Blueriver Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to identify business opportunities in the field of technology, media, telecom, and entertainment industries.

Further Reading

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